DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Coverage Challenges in Ransomware Claims: Cyber Insurance Policies and Trends in Denials

Posted on August 1, 2023 by Dissent

Mark Rasch of Korhman Jackson & Krantz writes:

A consistent pattern emerges in data breach and cyber-attack cases when companies turn to their insurers for coverage after such incidents. Whether they possess specialized cyber insurance or not, insurers often decline claims, citing various reasons such as failure to provide timely notice, failure to mitigate costs, employee misconduct or criminal activity leading to the breach, or attributing the losses to a party not covered by the policy. This holds true for both General Casualty or Liability policies (GCL) and specialized cyber liability insurance policies, covering damage to electronic assets.

On December 22, 2022 the Ohio Supreme Court in EMOI Servs., L.L.C. v. Owners Ins. Co. ruled that an Ohio medical billing company’s cyber insurance policy did not cover a ransomware claim for damages because the insured could not demonstrate that there was “physical harm or damage” to the computers which housed the data, as required by the terms of the policy.

Read more at JDSupra.

Category: Commentaries and Analyses

Post navigation

← PHI Database: Portal for Health Informatics – IIIT Delhi shared on Cyber Crime Forum
NZ privacy commissioner learnt about ‘serious’ breach from the media →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Lower Merion School District says a data breach was caused by a computer glitch
  • After $1 Million Ransom Demand, Virgin Islands Lottery Restores Operations Without Paying Hackers
  • Junior Defence Contractor Arrested For Leaking Indian Naval Secrets To Suspected Pakistani Spies
  • Mysterious leaker GangExposed outs Conti kingpins in massive ransomware data dump
  • Resource: HoganLovells Asia-Pacific Data, Privacy and Cybersecurity Guide 2025
  • Class action settlement following ransomware attack will cost Fred Hutchinson Cancer Center about $52 million
  • Comstar LLC agrees to corrective action plan and fine to settle HHS OCR charges
  • Australian ransomware victims now must tell the government if they pay up
  • U.S. Sanctions Cloud Provider ‘Funnull’ as Top Source of ‘Pig Butchering’ Scams
  • Victoria’s Secret takes down website after security incident

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • Fears Grow Over ICE’s Reach Into Schools
  • Resource: HoganLovells Asia-Pacific Data, Privacy and Cybersecurity Guide 2025
  • She Got an Abortion. So A Texas Cop Used 83,000 Cameras to Track Her Down.
  • Why AI May Be Listening In on Your Next Doctor’s Appointment
  • Watch out for activist judges trying to deprive us of our rights to safe reproductive healthcare
  • Nebraska Bans Minor Social Media Accounts Without Parental Consent
  • Trump Taps Palantir to Compile Data on Americans

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.